Carrefour, Sears and RadioShack Among Buyers Set to Participate in Global Sources' Exclusive Buyer-Meet-Supplier Event
HONG KONG, Jan. 19 /Xinhua-PRNewswire-FirstCall/ -- Global Sources
(Nasdaq: GSOL) will hold its largest ever Private Sourcing Event in Shenzhen on Jan. 25. Buying organizations with annual sales of US$260 billion, including Carrefour, Sears and RadioShack, will meet privately with 35 suppliers from Greater China to source toys.
(Logo: http://www.prnasia.com/sa/200701111135.jpg )
Global Sources Chairman and CEO, Merle A. Hinrichs, said: "Helping quality buyers quickly find the right Greater China suppliers is what our Private Sourcing Events are all about.
"For this event alone, the buyers we will introduce to pre-qualified suppliers have annual sales of more than US$260 billion. For most suppliers, meeting buyers the caliber of Carrefour, Sears and RadioShack is a once-in-a-lifetime opportunity.
"Private Sourcing Events are extremely valuable to our communities. These exclusive events are an important part of our complete services connecting global buyers with quality suppliers."
Sears Divisional Vice President, Randy Evans, said: "These events are quickly becoming a regular part of our Greater China sourcing program. They help us source more efficiently, saving time and reducing costs.
"Private Sourcing Events also increase the chance of a trading match since we're able to pre-select suppliers who come prepared with knowledge of our company and our specific needs."
Retailers participating in Global Sources' Private Sourcing Event include:
* Carrefour -- the second largest retailer in the world
* KarstadtQuelle -- Europe's largest department store and mail order group
* Kmart (Australia) -- one of Australia's largest discount chains
* OfficeMax -- the third largest office supply retailer in the US
* Sears -- the third largest retailer in the US
* Staples -- the world's leading supplier of office products
* Target (Australia) -- one of Australia's largest retailers
* Woolworth's (Australia) -- Australia's second largest supermarket chain
Buyers from Kesa Electricals, Tchibo and ThreeSixty Sourcing will also participate.
"Face-to-face meetings with buyers at this level are rare in our industry," said one participating supplier, Kuma Gu, General Manager of HK (Shenzhen) Industries Development. "We plan to take full advantage of this opportunity to enter new international markets and learn about the sourcing needs of big buyers."
Global Sources' Private Sourcing Events are a free service provided by the company to select members of its buyer and supplier community. Participation in this Private Sourcing Event is by invitation only.
Private Sourcing Events are part of Global Sources' sourcing and product information services which include Global Sources trade magazines, Global Sources Online ( http://www.globalsources.com ), Global Sources Direct
( http://www.globalsourcesdirect.com ) and the China Sourcing Fairs ( http://www.chinasourcingfair.com ).
For more information, visit http://corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 544,000 active buyers source more profitably from complex, overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 130,000 suppliers annually through 11 online marketplaces, ten monthly magazines, over 100 sourcing research reports and 14 trade shows, including six China Sourcing Fairs. Suppliers receive more than 8 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 35 years. In mainland China it has over 1,500 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Investor Contact in Asia:
Eddie Heng
Tel: +65-6547-2850
Email: eheng@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-602-978-7504
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Moriah Shilton & Cathy Mattison
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: cmattison@lhai.com
